Gold Price Calculator UK
Estimate what we pay for scrap gold by weight and karat. Uses the same live spot feed and payout formula as our Sell Your Gold page — one guaranteed price per gram for each carat, updated with the market.
Gold Value Calculator
LIVE
Calculate the value of your gold items by karat and weight
Per-gram amounts are what we pay for scrap gold: live spot (GBP per troy ounce) converted to per gram, then × purity × our standard scrap payout multiplier — identical logic to the rate table on our Sell Your Gold and scrap gold price pages. Same rate whether items are scrap or pristine; designer jewellery and gemstones may be worth more after valuation.
Scrap Gold Calculator
Value scrap gold items with current market rates
Gold Exchange Rate
Updated gold exchange rates per gram for all karats
Gold Cost Calculator
Calculate the exact cost of gold based on weight and purity
| Karat | Weight (g) | We pay per gram (£) | Total payout (£) |
|---|---|---|---|
| 24K Gold | — | £0.00 | |
| 22K Gold | — | £0.00 | |
| 18K Gold | — | £0.00 | |
| 14K Gold | — | £0.00 | |
| 10K Gold | — | £0.00 | |
| 9K Gold | — | £0.00 |
Totals match our published scrap rates: live spot × carat purity × the same payout multiplier as our scrap gold price page. See the live table on Sell Your Gold. Final offer confirmed after XRF testing; branded or gem-set pieces may exceed scrap value.
Ready to Sell Your Gold?
Get a free, no-obligation valuation from our experts. Scrap gold is bought at the same guaranteed per-gram rates shown above and on our Sell Your Gold page.
How It Works
From calculation to payment in 4 simple steps
Calculate
Use the calculator above to estimate your gold's value
Send Photos
WhatsApp or email clear photos for a quick quote
Visit or Post
Bring items in person or use our insured postal service
Get Paid
Accept our offer and receive same-day bank transfer
Understanding Gold Prices in the UK
The gold spot price moves with global markets. We use the same live feeds and cache as our main Sell Your Gold page, then apply the same per-gram payout formula so numbers stay consistent across the site.
What Affects Gold Prices?
- Global economic conditions - Uncertainty often drives gold prices higher
- Currency fluctuations - The GBP/USD exchange rate impacts UK gold prices
- Central bank policies - Interest rate decisions affect gold's appeal
- Supply and demand - Mining output and jewellery demand influence prices
Spot price and what we pay
The manual field (and our live feed) use the gold spot price in GBP per troy ounce. The “we pay per gram” column is your scrap payout: spot converted to per gram, multiplied by carat purity, then by our standard scrap payout multiplier — the same rule as our Sell Your Gold page and scrap gold price page. There is no separate “scrap vs good condition” scrap rate.
- Designer or branded jewellery — may be worth more than scrap after expert valuation
- Gemstones — diamonds and coloured stones are assessed separately
- Purity — we confirm carat with XRF; the calculator assumes the hallmark carat you select
UK Gold Hallmarks Explained
British gold jewellery is legally required to carry hallmarks if it weighs more than 1 gram. These marks tell you the purity and origin of your gold.
| Karat | Purity | UK Hallmark | Common Use |
|---|---|---|---|
| 24KT | 99.9% | 999 | Investment bars, coins |
| 22KT | 91.7% | 916 / 22ct | Asian jewellery, sovereigns |
| 18KT | 75.0% | 750 | Fine jewellery, luxury watches |
| 14KT | 58.5% | 585 | European jewellery |
| 9KT | 37.5% | 375 | Most UK high street jewellery |
Tip: Look for hallmarks inside rings, on clasp tags, or on the back of pendants. A jeweller's loupe or magnifying glass helps spot these tiny marks.
Frequently Asked Questions
Common questions about selling gold in the UK
Our calculator uses the same live gold data sources and refresh logic as our Sell Your Gold page. Per-gram payouts follow the same formula; your final offer is confirmed after professional XRF testing.
Spot is the wholesale benchmark for pure gold. Scrap jewellery is paid as a share of the gold content in each carat; we use the same fixed formula as our Sell Your Gold and scrap gold price pages (live spot × purity × our standard payout per gram) so you see one clear number, not a range.
No - we test all items using professional XRF analysis to determine exact purity. If you're unsure, just send photos and we'll provide an estimate. The final offer is confirmed after in-person testing.
Items with diamonds, sapphires, or other precious stones are valued separately. We assess both the gold content and the gemstones, often paying significantly more than scrap value for quality pieces with desirable stones.
Yes, we provide fully insured Royal Mail Special Delivery packs. Your items are insured up to £50,000 from the moment you post. We acknowledge receipt within 24 hours and make an offer the same day.
Once you accept our offer, payment is made the same day via bank transfer. For in-person visits to our Mayfair or Braintree locations, you can walk out with payment within the hour.
Visit Us In Person
Free valuations at our Mayfair and Braintree locations